Pros
Fair pay and benefits. In addition flexible work schedules are often permitted.
Cons
In years past there was usually a shared sense of loyalty and common purpose between management and employees. That has been completely discarded under the new management imported from GE (Rick Smith). Morale has truly bitten the dust. The new performance review forces ratings onto a bell curve per group. Only ten percent are eligible for an outstanding rating. If your group is small, say 10 people, then only one can be rated outstanding. That also means that one person must be rated poor. That person's name is guarenteed to be on the list for the next round of layoffs should they occur. Imagine how this affects the morale of a group if they are all above average.